3 ms·
>This seems like a silly thing to be annoyed about. Checks don’t have fees like most other types of electronic payment, and money is money. It's not silly, it'
by lol768 8y ago
>This seems like a silly thing to be annoyed about. Checks don’t have fees like most other types of electronic payment, and money is money.
It's not silly, it's a waste of my time - and I value my time, that's why I bill for it in the first place. If I have the choice between a Faster Payment scheme transaction which transfers money generally instantly and always within two hours, and a cheque I have to post/bring to a branch and then wait _days_ for it to clear - I'm going to pick the Faster Payments route.
> Many banks even accept the check deposit via app now
Still a waste of time. Need to wait to receive the cheque. Need to take a photo of it. Need to wait for funds to clear. It's just dumb in 2019, we can do so much better.
>Why would you be OK with giving up a certain percentage of your hard-earned money just because you have to go through the “hassle” of dealing with a piece of paper?
Why on earth do you pay for bank transfers in the US? My bank does not charge for personal transfers. My business account doesn't charge for transfers either. It's such a basic service which costs pence per transaction (easily made up by interest and interchange income).. how could you ever justify charging for it?
In any case, surely it's such an insignificant sum it really doesn't matter in the grand scheme of things? The client is paying an invoice presumably a few orders of magnitude larger.